El Niño climate phenomenon impacts global sugar balance

Uncertainties related to the El Niño climate phenomenon this year, especially in Southeast Asia, leave doubts about the global sugar balance. India, an important player in the commodity, suffered from drought in August. During this period, the country recorded the worst rainfall in the last 120 years. Regions in Central America and Mexico also suffered from a lack of rain. Given this scenario, traders around the world are apprehensive about the availability of sugar on the market, paying attention to information related to supply and demand. Due to this context, the third panel of the 23rd DATAGRO International Conference on Sugar and Ethanol, entitled “Sugar Balance, Supply and Demand in the World”, is one of the most anticipated of the event. The topic will be moderated by Marcelle Lacerda Corrêa, commercial director of Adecoagro, with a talk by José Orive, executive director of the International Sugar Organization (ISO). The 23rd DATAGRO International Conference, to be held on ...